NOT LISTED FOR SALE

3838 Franklin St New Albany, IN 47150

Estimated Value: $178,000 - $258,000

3 Beds
1.5 Baths
1,053 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $115,000 $109 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,226/month

100 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Forced Air Heating and Cooling System
  • Grant Line School Rated A
  • 1-Story Property
  • 3-minute walk to Herman Collier Park

About This Home

As of May 2020

Well here you go! Great price point, fantastic location and a FULL BASEMENT! This ranch built in 1988 has three bedrooms, 1 full bath, half bath, living room and dining area, kitchen and a full unfinished basement. This home is ready for a new owner to do a few updates and make their own. Small deck overlooking a nice backyard.

Only 1/2 mile from Community Montessori School, 7 miles from downtown New Albany, 9 miles from downtown Jeffersonville and 10 miles from downtown Louisville and only 5 minutes to Veterans Parkway! Meijer, shopping, medical, churches and parks are all within minutes.

Last Agent to Sell the Property

Lincoln Crum

Lincoln Crum Realty License #RB14030712 Listed on: 01/14/2020

Last Buyer's Agent

Kim Karem-LaPilusa

Green Tree Real Estate Services License #RB14049454

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1988

Lot Details

  • 6,098

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Additional Features

  • Deck
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 220508400308000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Improvements: 108400
  • Annual Tax: 1577
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 20800
  • Legal Description: P 608 L 21 & 1/2 L 20 BLK. E
  • Parcel Number: 220508400308000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 129200
  • Total Finished Square Footage: 1053
  • Type: 1 Story
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1053.00
  • Appliances: Dishwasher, Disposal, Range / Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Cath/Vaul/Tray Ceil
  • Lot Sq Ft: 6098.40
  • Room Count: 8
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1053
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.1400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
May 29, 2020
Sold by
Jay Sheth Llc
Bought by
Montalvo Paula C
Seller's Agent
Lincoln Crum
Lincoln Crum Realty
Buyer's Agent
Kim Karem-LaPilusa
Green Tree Real Estate Services
List Price
$127,400
Sold Price
$115,000
Premium/Discount to List
-$12,400
-9.73%
Current Estimated Value
$208,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,575
Avg. Annual Appreciation
13.10%
Original Mortgage
$109,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2011
Sold by
Robert Lynn Company Inc
Bought by
Jay Sheth Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montalvo Paula C -- None Available
Jay Sheth Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montalvo Paula C $178,062
Closed Montalvo Paula C $109,250
Previous Owner Jay Sheth Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $115,000 -9.7% $109 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $127,400 0.0% $121 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $127,400 -1.9% $121 / Sq Ft
01/14/2020 01/14/20 For Sale $129,900 -- $123 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,007 $160,600 $20,800 $139,800
2023 $1,007 $155,200 $20,800 $134,400
2022 $921 $144,200 $20,800 $123,400
2021 $721 $123,800 $20,800 $103,000
2020 $754 $121,100 $20,800 $100,300
2019 $1,993 $129,200 $20,800 $108,400
2018 $1,786 $116,200 $20,800 $95,400
2017 $1,616 $97,900 $20,800 $77,100
2016 $1,485 $97,000 $20,800 $76,200
2014 $1,486 $86,600 $20,800 $65,800
2013 -- $93,200 $20,800 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202005293

Southern Indiana REALTORS® Association

APN: 22-05-08-400-308.000-007